391B North Road, Caulfield South VIC 3162

391B North Road, Caulfield South VIC 3162
Large 1000mยฒ townhouse | Heritage-area character | Premium renovated interior | Family-oriented zone near schools and transport | Double garage with storage This property is competitively strong because of its unusual 1000 mยฒ land parcel for a townhouse, which provides space rarely found in Caulfield South. Its placement within a heritage area adds a layer of character and scarcity that standard townhouse stock does not offer. The interior has been renovated with high-end finishes, including luxe stone and a sculptural bath, and the home is described as sun-bathed and elevated. It may best serve families looking for a substantial but low-maintenance home with strong access to a primary school zone, Ormond station, and Bayside beaches. Heritage-area status may constrain future alterations or redevelopment, which could affect long-term flexibility. The propertyโ€™s frontage on North Road might introduce some traffic noise, though this is not quantified in available information. The premium fit-out and large garage may support a price premium, but buyer willingness to pay for these features will ultimately determine how the sale price compares.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 391B North Road, Caulfield South VIC 3162
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Market Insight:

Caulfield South is an established, high-income suburb with a professional demographic, underpinning its premium positioning. Demand is driven by owner-occupiers and investors, attracted by strong capital growth and solid rental yields, particularly for units. The market demonstrates robust price growth, with houses and units appreciating notably, though sales activity suggests a steady rather than heated environment. Future growth is anchored by its affluent resident base, while the primary constraint remains affordability pressure at the upper end of the market.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

1000mยฒ

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